Suite number:
1004-1
Project:
Address:
Toronto, Ontario
Developer:
Harhay Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
590 sqft
Occupancy Date:
Jun 2027
Price, CAD
$748,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.44%
Cumulative Return on Investment in Year 5
87.35%
Property Price at the End of Year 5
$965,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$37,445
2.5% in 180 days
$18,723
2.5% in 365 days
$18,723
10% on Occupancy
$74,890
Net Gain (Loss)
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Property Price Appreciation
Investment Details (10-Year Period)
Income/Return
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
property price appreciation | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $56,000 | $58,000 | $61,000 | $494,000 |
rent income | - | $5,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $134,000 |
mortgage principal reduction | - | $3,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $92,000 |
deposit interest | -$766 | $3,000 | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $38,000 | $76,000 | $66,000 | $70,000 | $73,000 | $77,000 | $81,000 | $85,000 | $89,000 | $93,000 | $747,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $56,000 | $94,000 | - | - | - | - | - | - | - | - | $150,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | $63,000 | - | - | - | - | - | - | - | - | $63,000 |
operating expense | - | $3,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $78,000 |
mortgage payment | - | $13,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $313,000 |
total expense investment | $56,000 | $172,000 | $46,000 | $46,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $48,000 | $604,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$18,102 | -$96,799 | $20,000 | $23,000 | $27,000 | $30,000 | $34,000 | $37,000 | $41,000 | $46,000 | $143,000 |
cumulative roi | $69 | $50 | $64 | $77 | $87 | $97 | $106 | $115 | $124 | $132 | $921 |
The 9Hundred Condos
Address: Toronto, Ontario
Price Range: $680,000 - $1,217,000
Avail. suites: 104
1—3.5 bd
491—1123 SqFt